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Invesco Adds Redmond Creative Office Asset to Portfolio

Invesco Real Estate acquired 9805 Willows, an 80,980-square-foot, creative office asset in Redmond, reportedly for nearly $35.5 million. The seller was a joint venture between San Francisco-based Graymark Capital and Chicago-based Blue Vista Capital Management.

The single-tenant building was originally built in 1998 and currently is undergoing an extensive renovation. The creative office asset features 14-foot ceiling heights.

JLL Capital Markets’ Logan Greer, Gerry Rohm, Michael Leggett and Kaden Eichmeier represented the seller and procured the buyer.

Greer says, “The Redmond market has performed exceptionally well throughout a tough year for most major markets. The Eastside submarkets are outpacing the Seattle CBD for the first time in history—the Eastside has captured 76% of the region’s total leasing volume YTD, and our clients are taking note.”

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About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.

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